Market News
CME dairy prices mostly higher Monday
Milk futures and cash dairy prices were mostly higher on the Chicago Mercantile Exchange Monday.
March Class III milk was down a penny to $22.40. April closed up $.31 at $23.74. May closed up $.47 at $24.54. June was up $.43 at $24.62. July through February contracts ranged from twelve to forty-three cents higher.
Dry whey was down $.0050 at $0.7550. One sale was recorded at that price.
Cheese Blocks were up $.0075 closing at $2.1375. No sales were recorded.
Cheese Barrels were $.04 higher, closing at $2.07. One sale was made at that price.
Butter was up $.0525 to $2.7775. Four sales were recorded ranging from $2.77 to $2.7775.
Nonfat dry milk was unchanged at $1.86. Two sales were recorded at $1.8550 and $1.86.